Infiniti G37 Lease Questions

CarMan@Edmunds · June 2010

Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a base 2010 G37 Convertible with 12,000 miles per year are .00207 and 63%, respectively.

Infiniti's lease program for the '10 G Convertible isn't bad, but it's nothing to write home about either. Some people just enjoy the convenience that leasing provides them.

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CarMan@Edmunds · June 2010

Thanks docmri.

Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 G37 Journey Sedan with 10,000 miles per year are .00107 and 60%, respectively.

The numbers for an otherwise identical 39 month lease are .00121 and 59%.

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CarMan@Edmunds · June 2010

Hey gperr. Here you go.

Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 G37X Sedan with 12,000 miles per year are .00129 and 61%, respectively.

The residual value for a lease with only 10,000 miles per year is 1% higher.

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lavjr · June 2010

#1 G37 Journey Sedan, Blue Slate/Graphite
Premium Package, First Aid Kit, Trunk Mat, Trunk Cargo Net, Splash Guards
MSRP $37,830
Sale price = $34,096 - $1000 conquest = $33,096 Net
Net Cap Cost = $32,146.38
.00121 Money Factor
$21,941.40 Residual
$3000 total due at signing
39 months, 12,000 miles/year = $329 plus tax monthly
2050.38 are inceptions, registration fees, and first month's payment.

CarMan@Edmunds · June 2010

Hi tywebb1973. Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 G37x Sedan with 12,000 miles per year are .00129 and 61%, respectively.

The residual value for a lease with only 10,000 miles per year would be 1% higher.

When negotiating your deal on this car, make sure to take of the $1,000 cash incentive that is currently available on leases of it.

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sstoyko · June 2010

Hello,

What are the June figures for a G37 Coupe w/ Journey, 36 months, 15k per year.

Thanks.

CarMan@Edmunds · June 2010

Here you go, sstoyko. Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 G37 Coupe Journey with 15,000 miles per year are .00131 and 61%, respectively for consumers who qualify for its top credit tier.

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tywebb1973 · June 2010

Hey Car-Man,

Can you tell me if I am getting the run around from a dealer. I am in South Jersey and after I informed the dealer he was off on his figures, he told me that currently Infiniti Financial's best offers are on a G37x Sedan with Premium Package:

MF - .00142
Res. - 61% for 39 months, 10,000 miles

I don't think he is right or he's thinking I will buckle since this is a better than his original offer. Does location matter with regards to residual and rate?

Also, going from 36 to 39 months, would that lower the residual 1% and change the rate?

baju · June 2010

Hi Guys:

My lease for the M35X is over and I was thinking of going for an M37X or G37X

On the M37X (Premium) 39 months 15K - $1700 down 600 per month is this a good rate or can I do better

On the G37X (39 months 15K - $1700 down 439 per month is this a good rate or can I do better

Any feedback would be appreciated..(I am in NJ)

Baju

kingpcgeek · June 2010

I you spend any time reading leasing forums you will learn that most people will not evaluate a lease deal without knowing the particulars of the deal. You didn't give the MSRP AND selling price of the car, and exactly what $1700 down includes. My opinion on down payments is never put more then the first months payment down. At the current 3.1% interest rate on a G37X right now roll the rest of the fees into the lease.

Negotiating a lease should be handled just like negotiating a purchase. How much are you selling the car to me for? After that its a simple matter of putting the numbers in a lease calculator and figuring out your own payment. You should be shooting for depending on the competition from invoice to invoice - $1000. There is $1000 lease cash available right now.

kingpcgeek · June 2010

This might be too late, but I'll add my two cents. The $500 "rebate" the dealer is talking about is actually a $500 mileage/damage forgiveness that Infiniti gives to ALL lease returnees if they lease another Infiniti. If there were no damage to the rim you would not get an additional $500 off the lease of your new car.

tywebb1973 · June 2010

One thing I keep having dealers tell me is that the leases are for 39 months, yet the MF and residuals being quoted here by car man are for 36 months.

Can I opt for a 36 month lease? I think dealers are quoting me higher rates because of the 39 term versus 36 term. I just got a 39 month lease quote with 12000 - MF of .00142 and Residual of 60%.

unbrokenpete · June 2010

Ty,

I was just offered the following, I just asked them sharpen their pencil.

Carman and Crew, would you please weigh in on what you think of this deal and if dealers mess with the residual (like tell you it's 61% when it's really 62%) or change the money factor in their favor from what the actual Infiniti offering is?

Also, would you please let me know what the 39 Month offerings really are from Infiniti? I only see 36 month options above. As always, thanks for your help!

This is with $0 down.

G37X with premium package

MSRP $39,430.00
CAP 37,640.00
Rebate 1,000.00
---------------
36,640.00
TAX 917.00
ACQ/DOC 1,028.00
RESIDUAL 61% $24,052.30
MONEY FACTOR .00155

39 MONTH 10K PER YEAR

$469.73 DUE 1st PAYMENT
$469.73 FOR 38 MONTHS

tywebb1973 · June 2010

I think you can do better pete.

Here's the deal I was offered:

G37x with Premium - 39 months, 12,000 miles:

MSRP - $39,260
Residual - 60% ($23,556)
MF - .00142
Cap Cost - $34,710

Taxs, tags, etc. all rolled in. Only making 1st months payment. Using $1000 loyalty rebate.

Monthly payment is around $419. That's pretty good, especially the really low cap cost, and I wondering if I am getting hosed on the bad end (like they give me a demo car or something - LOL).

What's more amazing is that the payment is $20 less than the 2007 G35x we are turning in. Granted my fiancee negotiated that herself back in 2007 so I am sure she got taken for a ride.

This was from a dealer about 40 miles away. The local dealer told me he could match it. We'll like go with him. I think I may go to 36 months and see if I can shave a few more points off the MF.

shyamy · June 2010

Is this for an AWD or RWD?

tywebb1973 · June 2010

It's an x, so it's AWD.

bc244 · June 2010

Hi Car_man,

My current lease is not up until late July, but I'm wondering if I would get a better deal from Infiniti if I leased a G37 this month, or should I wait until July? Are there incentives that are currently available that won't be there if I wait? Or vice versa?

Thanks in advance!

jerryken · June 2010

Hey Tywebb:

That sounds like a good deal. Where can I get it? I'm in Jersey and am also looking at a G37x. Dealer offered me the following deal:
G37x, Premium Package, Wood Trim and Splash Guards. Selling price of $39,950, 39 months, 15,000 mi for $479. Nothing down except 1st mo., tax title, etc. I'm willing to travel to save $60/mo. Where do I go? Thanks.

jerryken · June 2010

TyWebb:

Where can I get this deal? I was offered $479 for basically the same package. See my post below. Thanks.

tywebb1973 · June 2010

I believe it was through email negotiations with Porter Nissan in Delaware.

But we have decided to go through a 3rd party leasing company that some other family members have used. She got us a few bucks more off the $419 a month payment.

Word to the wise, she has helped my family out a lot so we trust her. She said the June deals on Infiniti leases are really, really good and she's hearing there is a chance Infiniti could tighten up on them in July.

My fiancee owes a June payment on her current Infiniti but we are rolling that into the new lease just to take advantage of the June numbers from Inifiniti.

shyamy · June 2010

That seems like a great deal..I got mine through porter Infiniti in Newark, DE..
That came for $480 a month for fully loaded G37X all iptions included.

jerryken · June 2010

Thanks TyWebb. My dealer came down to $459 and said that is as low as he can go. I'm about to look elsewhere. I'll email Porter, even though its a trip, I'd be saving $50/mo, or $2,000 over course of lease.

bdbear4 · June 2010

Here is what I was quoted over the phone for Journey with Premium and Nav

MSRP: 39,510
Selling price: 35,510 (after conquest rebate)
Residual: 57%
MF: .0021

39Month/
15,000/yr

Due at signing: $447
Monthly Payment: $447 including, tax, etc

Sounds about right I think. Any thoughts?

cal_bear3 · June 2010

What are the June figures for a G37 Coupe w/ Journey, 36 months, 10k per year.

Thanks.

6656 · June 2010

Can you evaluate this offer for me please?

G37 Sedan @ 12K @ 39 months w/Premium package = $339.39 mo. + tax.

Amount at signing is $3,3777.08 + tax (license/title/registration/doc fees included and $1000 conquest cash applicable.)

MSRP $38,564
Selling price $35, 750
MF 0.00190
Residual $21,842.80

Can you help me out with this?

bkjerry82 · June 2010

Can you tell me if this offer is worth it?

G37x with Premium and Navigation options
10,000 miles per year
39 month lease term

$405 per month with $2000.00 at signing for tax and fees.

or $455 per month with $0 down.

jerryken · June 2010

Seems like a pretty good deal to me. A lot lower than what I was quoted - $459/mo with $1500 down and 15k mi. Where can I get that deal? I'm in North Jersey.

tetra · June 2010

Hi guys, I've been following this thread for a while, and just got a quote from my local dealer. It doesn't seem very attractive compared to everything else I'm seeing here, and just wanted to see what's up. The biggest problem with all this is there's only one Infiniti dealer in the state (Utah), so I'd have to do some serious travel if I wanted to find something else.

This is for a base model G37x Sedan.

MSRP: $37,270
Sell Price: $35,269
MF: 0.00172
Residual: $22,659 (61%)
$1575 due at signing (taxes, first month's payment, 0 cap cost reduction)

Monthly: $439 + tax
39 months
10k miles

I was hoping to get at least another $1000 off the price, and the MF seems a bit high. That was the initial offer, and they didn't budge at all when I tried to negotiate lower. Is it just me, or does that seem like not too great of a deal? Because if that's the case, then I guess I'll either wait a while longer, or just look for a different car.

Thanks!

jerryken · June 2010

It seems a little high. You might be able to save $10-$15/mo if you travel but where are you going to go? And is it worth it? It sounds like there's no competition in Utah but check out zag.com to see what others are paying. It may not be the absolute best deal but it seems like a decent deal. I'm still negotiating. Will let you know what I get. Good luck.

talos1 · June 2010

Been wrapping my head around this and would like some input please. Got a call 2 days ago from my dealership about great lease deals going in for the G37x especially for current customers. I am currently leasing an 08 G35x and have 3 payments left at 565 a month. They said they can get me in a new G37x next week and would include the 3 remaining payments on my current lease. Here is the deal but it is just bugging me that I would basically paying an extra 3 months of payment for the early turn in but they are saying due to the low MF and high residual plus loyalty of $1000 this month, it is worth it. Here is the details.

G37x
Premium/flaps/trim package/cargo/First Aide Kit.
18K miles a year in NY (taxes are ridiculously high but that is for another day)
$1100 total at signing
MSRP $39,980. Price I was given, $35,894.
MF - .00142
Rs - 59%
$530 for 39mos
I also got a quote of $543.55 for 36mos

So I guess the gamble is, to wait till October when my lease is up and hope that they have some type of similar deal or go for it now with the thought that the MF will go back up and the $1000 loyalty rebate won't be available in October. Any input would be great. I am leaning towards waiting but maybe I am just not seeing the light on this deal.

Thanks!

kslup · June 2010

G37x white w stone.. premium and navi..

Msrp. $41,110
Sales: $36,784
Res: 61%

Total out: $2,594 taxes, reg,bank fee..

Mo payment. $405
36 mos
12k/yr

What do you think?

killua117 · June 2010

Is this worth it?

G37x + navigation + premium
36 month
10000 miles

Total out of pocket: $1475 (All the fees, first month payment, taxes)

Monthly payment: $430

What do you think?

tetra · June 2010

Well, I was able to negotiate it down further, but the guy I've been dealing with over email has said he would not give me the lease worksheet, and didn't want to discuss any other numbers unless I come into the dealership.

I talked it down to $411 + tax with $1500 down (inc. 1st month), and I assume that I was just given a .00142 MF instead of .00172, with all the other details the same as previously (37.2 MSRP, 35.5 Cap, 22.6 residual, 39mo, 10k).

I'm upset that I can't get any more details over email, but the price seems good, so I may go for it. I'll at least stop in the dealer and see if everything checks out how I expect it to.

kslup · June 2010

Got it - what a beautyyy!!!

G37x white w stone.. premium w navi..

Msrp. $41,110
Sales: $36,784
Res: 61%

Total out: $2,200 (NY taxes, reg, bank fee.. )

Mo payment. $405
36 mos
12k/yr

caminator · June 2010

Hi guys, I am VERY new to Infinity and was hoping someone could advise me as to whether this was worth it or not. I am in Utah and was quoted this last night.

2010 Infinity G37
MSRP - 43,469.00
Down Payment - $2500 (total, nothing else due at signing)
TOTAL MONTHLY PAYMENT - $526.

This car has the premium package, nav, sport package, illuminated kickers, spoiler, tire package, etc. From my understanding, there is nothing more I could put on it, unless I went with the anniversary edition and got the special red seats.

Can you tell me if this seems like a good deal or not? I have been trying multiple lease calculators online, but it seems they are all over the place with the payments. Thank you!

jerryken · June 2010

WOW! Great deal. Where can I get that? I'm in North Jerey. Thanks.

kslup · June 2010

Thanks! Kings infiniti in brooklyn.. ask for Sam, tell him I sent you (Karolina)... let me know how it goes..

$1k loyalty and or conquest ends 6/30.

kslup · June 2010

I don't know Utah taxes but over all seems quite high. With the 1k conquest and or loyalty you should be able to work them down to at least $38k..$39k.. check out my deal above.. find out what. MF and residual they're using.. and what's ur final Cap cost..

almatti · June 2010

kslup & tetra: I got this deal for a New 2010 G37X , Premium & Navi, Black with Wheat Interior w/ maple accents, 18k miles per year, 1 year free oil changes, free first 1,000 mile check up and service, mats, first aid kit, cargo net, for 4425.00 per Month, $2,591 OTD includes first month, bank fee, TTL. Oh yeah, they paid off the last two months on my previuos G35X lease - $880 - Pepe Infiniti, White Plains, NY . Impeccable service, Loaners, and courteousness.

I did get a call from Manhasset Infiniti, just after i placed my order with Pepe, tellin g me that they Want My Business, same car with more equipment (don't know what that is) for $389.00 per month.....that was on June 7th. I liked my Dealer and going t0 LI would have been a problem for me for service calls. Plus: I didn't trust that tactic - did the car Fall Off The Truck !!

ncognito13 · June 2010

Lia Infinit in Albany, NY is offering the following: 2010 G37x coupe or sedan for $359 per month, 39 months, 10K miles per year, $2995 down and $595 acquisition fee..and will throw in a navi system if you bring in their websites coupon. TT and reg fees extra....What do the leasing experts on this forum say...yay or nay to this deal?? They did not put the residual or MF in their ad.

Thanks in advance for your replies.

kingpcgeek · June 2010

No leasing expert will ever say yay to a lease deal that requires $3000 in cap cost reduction.

ncognito13 · June 2010

Thank you for the reply...In this case...without knowing the residual and money factor would you be guessing that they would be charging full MSRP and that is why they are not putting the residual in their ad??

tetra · June 2010

Not sure if I'm too late for this, but I would recommend looking out of state (caminator in particular).

After my $1500 down, $411/mo quote (for a base G37x), I started looking at dealers in Colorado and Arizona. I eventually found one in Denver that gave me a $425/mo sign and drive (10k/39mo) for a G37x Premium + a few extras (splash guards, kick plates).

I guess it's kind of a risk that I can't see the car in person, but I'm getting $2500 of options for $1000 cheaper than my best offer here in Utah, so overall I'm happy.

billoo15 · June 2010

G37 Coupe lease offer at a Northern Cali infiniti Dealer - wants it to happen before the end of the month

Journey with Premium and Nav Pkgs. with illuminated sills and trunk cargo net

36 months, 15k miles/year
2k Drive off
440/month included tax at 8.25%

What u think?

CarMan@Edmunds · June 2010

Hi tywebb1973. Infiniti's lease program is usually national. That is currently the case, so it doesn't matter what part of the country you are in IFS' June 36-month buy rate for the 2010 G37x Sedan should be .00129 assuming that you qualify for its top credit tier.

Switching from 36 to 39 months changes this car's money factor to .00142 and 61%, just like you mentioned.

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CarMan@Edmunds · June 2010

Hi bc244. That's the million dollar question, or more likely $20/month question

. It is very difficult to predict what automakers will do with their future incentive programs with 100% accuracy. I doubt that Infiniti dealers even know what the July lease program will be like at this point. If I had to make an educated guess, I'd say that Infiniti's July lease program will be fairly similar to its current one, but again no one knows for certain.

Infiniti significantly enhanced its lease program on the G37 for June, so I doubt that it will get any better next month. If I was in the market for this car, I'd probably do the deal now.

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CarMan@Edmunds · June 2010

Here's the information that you're looking for, cal_bear3. Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 G37 Coupe Journey with 10,000 miles per year are .00131 and 63%, respectively.

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CarMan@Edmunds · June 2010

Greetings 6656. The first thing that I notice about this deal is that the money factor that you were quoted is too high. Infiniti Financial Services' June buy rate lease money factor for a 39 month lease of a 2010 G37 Sedan is only .00121 for consumers who qualify for its top credit tier. Make sure that the dealer that you are working with uses this car's buy rate when calculating your monthly payment.

Having said that, the selling price that you were quoted for this car looks great. There is probably a $2,900 or so gap between this car's full MSRP and its dealer invoice price. The $2,800 dealer discount that you were quoted puts you at a hundred or so dollars over invoice, which is a good deal.

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britboyinfl · June 2010

G37 Sedan Journey, Sport, Premium, Navigation; $1,500 down plus 38 x $450 (Includes tax), 12,000 miles per annum, in Tampa, Florida.

littlejoe613 · June 2010

Is the money factor on a lease based on credit score only?. How do we know this guy has the credit to qualify. Does everyone who leases a car automatically qualify for top tier? It may not be 'Too High" at all since I calculate it to be less than 5%. Also should we expect the dealer to give us the "buy rate" as the lease factor? I know all banks and mortgage companies charge points or markup on loans ....but are leases different? Do they make money arranging the lease or are they already making money at the "buy rate"? just curious

Infiniti G37 Lease Questions

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